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Active
$375,000
/mo Edit
Commercial:  Other
Built 1948
0.2 acres
Marshall schools
MLS# 6685884
My rating:
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    Property Description

    Prime commercial opportunity on West College Drive in Marshall! For nearly 100 years, this property was home to a family-operated business and is now ready for its next chapter. Offering more than 8, 000 sq ft of space, the building is conveniently located across from the Marshall Aquatic Center and just a short walk from downtown. The property includes 2, 662 sq ft of finished retail space with central heat and air, along with large storefront windows providing excellent natural light and visibility. An additional 5, 918 sq ft offers flexible space for a variety of uses and includes a 9x9 overhead garage door with alley access. With its size, layout, and location, the property could accommodate retail, office space, a fitness center, salon, indoor storage, restaurant/café, or another commercial concept. Property is being sold as-is. Seller is offering a $25, 000 credit toward furnace/HVAC. A unique opportunity to bring a new vision to a property that has been part of Marshall's business community for nearly a century.

    Listing

    Contingency: None
    City: Marshall
    County: Lyon
    State: MN
    Property Style: Other
    Zip Code: 56258
    Subdivision Name: Blakes Add

    Exterior

    Garage Spaces: 1
    Garage Door Height: 9
    Garage Door Width: 9
    Air Conditioning: Central Air
    Foundation Size: 8,580 ft2
    Foundation Dimensions: 66X130
    Handicap Accessible: No Stairs External, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • Steam
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Pitched
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.2
    Geolocation: 44.44525, -95.79161
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 67X132
    Zoning: Business/Commercial

    Schools

    School District: 413
    District Phone: 5075376924

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,588
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,588

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Retail
    • Warehouse
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.